GLENWOOD SPRINGS CHAMBER FOUNDATION

EIN: 814943306 501(c)(3) Community Improvement

GLENWOOD SPRINGS, CO

Total Revenue
$240,901
Total Expenses
$250,336
Total Assets
$45,760
Net Assets
$42,068
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
CO
Principal Officer
ANGELA ANDERSON
Phone
9709456589
Tax Period
2024-01-01 to 2024-12-31

GLENWOOD SPRINGS CHAMBER FOUNDATION, founded in 2016, is a small nonprofit in the Community Improvement sector that reported $241K in total revenue in fiscal year 2024.

Mission

TO SUPPORT AND ADVANCE THE GENERAL WELFARE AND PROSPERITY OF THE GREATER GLENWOOD SPRINGS, CO AREA SO THAT ITS CITIZENS AND ALL AREAS OF THE COMMUNITY MAY PROSPER AND LESSEN THE BURDEN OF LOCAL AND STATE GOVERNMENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $29,196
Program Service Revenue $210,977
Investment Income $0
Other Revenue $728
TOTAL REVENUE $240,901

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $250,336
Other Expenses $250,336
TOTAL EXPENSES $250,336

Year-over-Year Comparison

2024 2023 Change
Revenue $240,901 $224,455 +0.1%
Expenses $250,336 $185,303 +0.4%
Net Income $-9,435 $39,152 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL MCCALLUM CHAIR 0.50
Director
$0 $0 $0
IAN EXELBERT BOARD MEMBER 0.50
Director
$0 $0 $0
MATT GIANNESCHI BOARD MEMBER 0.50
Director
$0 $0 $0
ERIC BROTHERSON BOARD MEMBER 0.50
Director
$0 $0 $0
ANGELA ANDERSON PRESIDENT & CEO 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $240,901 $250,336 $45,760 $-9,435
2023 $224,455 $185,303 $54,264 $39,152
2022 $180,734 $178,491 $14,631 $2,243
2021 $28,851 $25,618 $37,213 $3,233
2020 $484,875 $483,201 $11,604 $1,674
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